Franklin Joshva
2 Sec to 46 Min Delay In Filing ITR : Here's ITAT's Key Observations on Validity of Such ITRs
The Digitalization of tax filing in India, facilitated through the e-filing portal of the Income Tax Department, has streamlined compliance but ...
![Necessity for Verification of Capital and stock balances: ITAT Remits Rs. 7 Cr Income Addition [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/250x150_2051624-income-tax-addition-site-img.webp "Necessity for Verification of Capital and stock balances: ITAT Remits Rs. 7 Cr Income Addition [Read Order]")
![Assessment of Bread Manufacturers Capital Withdrawals and Receivables Not Erroneous: ITAT Quashes PCITs Revision Order [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/250x150_2051614-itat-itat-delhi-itat-quashes-pcit-revision-taxscan.webp "Assessment of Bread Manufacturers Capital Withdrawals and Receivables Not Erroneous: ITAT Quashes PCITs Revision Order [Read Order]")
![Loose Computerized Sheet Found at Taxpayer’s Premises Not Corroborative Evidence: ITAT Deletes ₹7 Crore Addition and Penalty [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/250x150_2051593-itat-loose-computerized-sheet-taxpayers-evidence-addition-penalty-taxscan.webp "Loose Computerized Sheet Found at Taxpayer’s Premises Not Corroborative Evidence: ITAT Deletes ₹7 Crore Addition and Penalty [Read Order]")
![Relief of Tata Teleservices: ITAT Rules Pre-Operative Expenses for Telecom Business Expansion as Revenue Expenditure, Allows Full Deduction [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/250x150_2051568-itat-itat-delhi-tata-teleservices-taxscan.webp "Relief of Tata Teleservices: ITAT Rules Pre-Operative Expenses for Telecom Business Expansion as Revenue Expenditure, Allows Full Deduction [Read Order]")
Dividend Paid to IFC Exempt from Dividend Distribution Tax Under Overriding Immunity of IFC Act, 1958: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) ruled that dividends paid to the International Finance Corporation (IFC) are exempt from DividendDistribution Tax (DDT) under Section...
![Dividend Paid to IFC Exempt from Dividend Distribution Tax Under Overriding Immunity of IFC Act, 1958: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/500x300_2050593-dividend-paid-to-ifc-exempt-ifc-exempt-from-dividend-distribution-dividend-distribution-tax-taxscan.webp "Dividend Paid to IFC Exempt from Dividend Distribution Tax Under Overriding Immunity of IFC Act, 1958: ITAT [Read Order]")
ITR Filed 2 Seconds Late due to Glitches in Income Tax portal: ITAT directs to Treat Filed in Time [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal ( ITAT ) has upheld the validity of an income tax return filed 2 seconds late due to technical glitches and rush on the Income Tax e-filingportal...
![ITR Filed 2 Seconds Late due to Glitches in Income Tax portal: ITAT directs to Treat Filed in Time [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/500x300_2050606-itr-itr-filed-late-due-to-glitches-glitches-in-income-tax-portal-income-tax-portal-taxscan.webp "ITR Filed 2 Seconds Late due to Glitches in Income Tax portal: ITAT directs to Treat Filed in Time [Read Order]")
Loan Not Utilised for Business Purposes: ITAT upholds PCIT's Decision Directing AO to Verify Exemption u/s 14A [Read Order]
The Cochin Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the order of the Principal Commissioner of Income Tax (PCIT) and confirmed that the deduction claimed for interest paid on a...
![Loan Not Utilised for Business Purposes: ITAT upholds PCITs Decision Directing AO to Verify Exemption u/s 14A [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/500x300_2050053-itat-kolkata-income-tax-act-tax-news-increases-in-short-term-loans-taxscan.webp "Loan Not Utilised for Business Purposes: ITAT upholds PCITs Decision Directing AO to Verify Exemption u/s 14A [Read Order]")
![ITAT Denies Section 54F Exemption for Property Purchased in Mothers Name [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/500x300_2050580-itat-itat-roundup-weeklyrounup-taxscan-5.webp "ITAT Denies Section 54F Exemption for Property Purchased in Mothers Name [Read Order]")
![Sale of REC/ Carbon Credits are Capital Receipt: ITAT Quashes Demand [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/500x300_2050590-carbon-credits-itat-quashes-capital-receipt-taxscan.webp "Sale of REC/ Carbon Credits are Capital Receipt: ITAT Quashes Demand [Read Order]")
Relief to SpiceJet: ITAT Dismisses Income Tax Department Appeals on Supplementary Rent Disallowance [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) ruled that supplementary rent payments are exempt from tax in India under Section 10(15A) of the Income Tax Act, 1961, and not subject to ...
![Relief to SpiceJet: ITAT Dismisses Income Tax Department Appeals on Supplementary Rent Disallowance [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/500x300_2050678-income-tax-spicejet-itat-taxscan.webp "Relief to SpiceJet: ITAT Dismisses Income Tax Department Appeals on Supplementary Rent Disallowance [Read Order]")